Tuesday, May 1, 2012
GDP Drops, Mortgage Rates Too?
US Gross Domestic Product for the first quarter of 2012 disappointed analysts and traders this morning.� A growth rate of 2.5% was the level most economists had expected, but this initial look (subject to two more revisions) came in at 2.2%.� The initial reaction from markets was very negative, yet the Consumer Sentiment positive surprise [...]
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